ian williams, asia correspondent at nbc. let's get a reaction from luca on the situation in thailand. you know we're hearing martial law possibly being put in place. crackdown. words like that. seems to terrify a lot of investors. i get a sense that somehow the economy seems to be doing rather well despite what's going on on the political front. at what point does politics start to impact the economy? >> well, this is a very interesting question. you see that the thai bhat hardly moved. in other times you would have huge movement, and people getting against the currency. it's true that market seems now very, very immune to what is happening. there is an economic impact. we have calculated that if martial law is installed and kept for three months it would cost 5% of the thai gdp. so the impact is there. however, probably, the inflows, people will still want to bet on asia. whatever happens is huge from one side. and from the other side, domestic institutions become much more skilled at preventing huge movements that could st